Bucher Hydraulics has entered into a joint venture in China by acquiring an 80% stake in Wuxi Deli Fluid Technology Co., Ltd.

Since August 1st, 2018 the company Wuxi Deli has belonged to Bucher Hydraulics. This acquisition will strengthen Bucher Hydraulics’ presence in China as well as its global product range.

Wuxi Deli includes the company Wuxi Deli Hydraulics Co. Ltd., which was founded in 1956 as a state-owned enterprise and converted into a limited liability company in 2000. In 2017, Wuxi Deli generated revenues of roughly CHF 40 million in the hydraulics sector with around 320 employees. The company is the leading provider of hydraulic pumps and compact power units in China and has successfully established and expanded its export business in recent years.